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DEVELOP GLOBAL LIMITED Regulatory Filings 2022

Aug 11, 2022

64801_rns_2022-08-11_21118294-838d-44af-b6b2-9078a0c9d379.pdf

Regulatory Filings

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Notification of cessation of +securities

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Announcement Summary

Entity name

DEVELOP GLOBAL LIMITED

Announcement Type

New announcement

Date of this announcement

Friday August 12, 2022

Details of +securities that have ceased

Number of
ASX +security +securities that The +securities have Date of
code Security description have ceased ceased due to cessation
DVPAAD OPTION EXPIRING 600,000 Lapse of conditional right to 12/08/2022
24-JAN-2025 EX $4.50 securities because the
conditions have not been, or
have become incapable of
being, satisfied

Refer to next page for full details of the announcement

Notification of cessation of +securities

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Notification of cessation of +securities

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Part 1 - Announcement Details

1.1 Name of +Entity

DEVELOP GLOBAL LIMITED

We (the entity named above) provide the following information about our issued capital.

1.2 Registered Number Type

ABN

Registration Number

28122180205

1.3 ASX issuer code

DVP

1.4 The announcement is

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New announcement

1.5 Date of this announcement

12/8/2022

Notification of cessation of +securities

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Notification of cessation of +securities

Part 2 - Details of +equity securities or +debt securities that have ceased

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ASX +Security Code and Description

DVPAAD : OPTION EXPIRING 24-JAN-2025 EX $4.50

Unquoted +equity securities that have ceased

Number of securities that have ceased

600,000

Reason for cessation

Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied

Date of cessation

12/8/2022

Is the entity paying any consideration for the cessation? No

Any other information the entity wishes to notify to ASX about the cessation?

Cancellation of Employee incentive options issued under Employee Incentive Plan that did not meet the vesting conditions

Notification of cessation of +securities

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Notification of cessation of +securities

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Part 3 - Issued capital following changes

Following the cessation of the +securities the subject of this notification, the issued capital of the entity will comprise:

3.1 Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX) 3.1 Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX)
Total number of
ASX +security code and description +securities on issue
DVP : ORDINARY FULLY PAID 161,210,471
3.2 Unquoted +equity securities (total number of each +class of +equity securities issued but not quoted on ASX)
Total number of
ASX +security code and description +securities on issue
DVPAY : OPTION EXPIRING 22-JUN-2024 EX $0.75 3,400,000
DVPAZ : OPTION EXPIRING 22-JUN-2023 EX $0.675 14,408,300
DVPAAG : OPTION EXPIRING VARIOUS DATES VARIOUS PRICES 1,390,000
DVPAW : OPTION EXPIRING 18-JUL-2023 EX $0.675 1,973,389
DVPAV : PERFORMANCE RIGHTS 1,079,267
DVPAAC : OPTION EXPIRING 01-OCT-2024 EX $5.00 200,000
DVPAAD : OPTION EXPIRING 24-JAN-2025 EX $4.50 0
DVPAAB : OPTION EXPIRING 17-JUN-2025 EX $0.75 14,000,000
DVPAAA : OPTION EXPIRING 17-JUN-2024 EX $0.75 14,000,000

Note: the figures stated in the tables above are used to calculate the total market capitalisation of the entity published by ASX from time to time. The table will not include those classes of +securities that have ceased or lapsed in their entirety in ASX records before the announcement date described in Q1.5, even if the entity has advised ASX of a change to that class of +security in Part 2 of this form.

Notification of cessation of +securities

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